“Crash on the Horizon” by Stephan Schulmeister

Share the joy
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

“Crash on the Horizon”
by Stephan Schulmeister, Freitag 08/ 2018

https://www.indybay.org/newsitems/2018/03/16/18807447.php

The systemic reasons for the crisis are more important than a sudden fall in prices. Stocks are held on average 22 seconds, not 6 months or ten years.

Real-capitalism is a plus-sum game. Financial capitalism is a zero-sum game. Profit is made at the expense of others. “Love for money” replaces trust.

Different ways are possible after a financial meltdown.

This entry was posted in Financial Market Capitalism, Political Theory. Bookmark the permalink.

Leave a Reply